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Ballistic Ventures Seeks $490 Million Across Two New Funds

1 reports 1 reporting sources Updated 2 hours ago

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Ballistic Ventures is seeking to raise $490 million across two funds: $360 million for its third flagship fund and $130 million for a separate vehicle, Ballistic Ventures Fund B. Regulatory filings reported by TechCrunch showed that neither fund had recorded any sales at the time of filing.

Generated by AI from reports · Updated 2 hours ago

Latest development11/4 05:43 (UTC+8)
Ballistic Ventures Seeks $490 Million Across Two New FundsTechCrunch · AI

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11/4
  1. TechCrunch · AI
    Ballistic Ventures Seeks $490 Million Across Two New Funds

    Ballistic Ventures is seeking to raise $490 million across two funds, according to regulatory filings reported by TechCrunch. The San Francisco-based firm filed this week to raise $360 million for its third flagship fund and $130 million for a separate vehicle, Ballistic Ventures Fund B; neither had recorded any sales at the time of filing. The fundraising comes amid growing concerns about AI-driven cyberattacks and new opportunities for cybersecurity startups.

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